JUST IN: Nigeria’s GDP Rebased to N205trn

Nigeria’s Gross Domestic Product (GDP) has been rebased from 80 trillion naira to 205 trillion naira.

This is according the Statistician General of the Federation, Adeyemi Adeniran.

The figure, according to him, showed an increase of 41. 7 percent compared to the figures obtained during the 2014 GDP rebasing exercise.

Adeniran said top five performing sectors include crop production, trade, real estate, telecommunications and the oil and gas.

The recent rebasing covered the period between 2019 to 2023, using 2019 as the new base year.

More to follow…